Aggregate demand shifts right if
a. government purchases increase and shifts left if stock prices rise.
b. government purchases increase and shifts left if stock prices fall.
c. government purchases decrease and shifts left if stock prices rise.
d. government purchases decrease and shifts left is stock prices fall.
b
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Which market type has characteristics as follows: one firm, good or service produced has no close substitutes, barriers to entry prevent new firms from entering into the industry?
A) perfect competition B) monopolistic competition C) oligopoly D) monopoly
Which of the following possibly determines the allocation of goods and services in a free market?
a. The availability of raw materials b. The cost of production c. The level of government intervention d. The ability of the producers to produce a differentiated product e. The willingness and ability of consumers to pay for the product
Explain the popularity of options in the sense of the potential gains and losses they offer.
What will be an ideal response?
A surplus item is
A. the import or export of products that are by-products of the manufacturing of export goods. B. the import of goods or services that is not needed by residents of a country. C. any transaction that leads to a payment by a resident of a country or its government. D. any transaction that leads to a receipt by a resident of a country or its government.